as far as rods go, i think it's reasonable to have a variety of rods for any situation. the fiberglass rods may be less sensitive, but if you're using circle hooks it loads slowly and evenly as the cat swims away, ensuring a decent hookset with the circle. it's what i prefer to use in weed or muck situations.
graphite is absolutely better for overall bite detection and hookset power, for light wire hooks like you're talking about, i reccomend a simple short-shank design, like an octopus or something similar. longer hooks have more gap, but they're also usually less sturdy when they're made with light wire.
and don't neglect sinker and rig choices, a fiberglass rod needs a direct connection to the hook to be as effective as possible, so a sliding sinker rig is necessary; meanwhile a graphite rod will need to have constant contact with the hook, so a set-rig is far more effective than a sliding sinker rig in most cases. i don't recommend a split-shot rig since it's very snaggy except in clean sand or gravel, and the split shot reduce bite sensitivity significantly.